South Dakota § 11-7-100 Recital in bond conclusive as to purpose.

South Dakota Statutes

§ 11-7-100 — Recital in bond conclusive as to purpose.

South Dakota § 11-7-100

Title 11PLANNING, ZONING AND HOUSING PROGRAMS

Ch. 11-7COUNTY AND MUNICIPAL HOUSING AND REDEVELOPMENT

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Bluebook

S.D. Codified Laws § 11-7-100 (2026).

Text

In any suit, action, or proceeding involving the validity or enforceability of any bond of a commission or the security therefor, any such bond reciting in substance that it has been issued by the commission to aid in financing a project, as defined in § 11-7-1 , shall be conclusively deemed to have been issued for such purpose and such project shall be conclusively deemed to have been planned, located, and carried out in accordance with the purposes and provisions of this chapter.

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In any suit, action, or proceeding involving the validity or enforceability of any bond of a commission or the security therefor, any such bond reciting in substance that it has been issued by the commission to aid in financing a project, as defined in § 11-7-1 , shall be conclusively deemed to have been issued for such purpose and such project shall be conclusively deemed to have been planned, located, and carried out in accordance with the purposes and provisions of this chapter.